Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Rental property loans

Where do we go from here?

Friday, January 22nd, 2021

S. Clay Sparkman What the…what just happened? Was that 2020 that just ran over our nation like a buss out of control, knocking down everything in its path? Uh, yes. Today is January 22nd, 2020! We have a new POTUS and VPOTUS in The White House. We have a new congress ruled by a razor […]

Read the rest of this post »

Covid-19 be damned!

Monday, October 12th, 2020

S. Clay Sparkman Okay, so here we are. Halloween is just around the corner. (I wonder how that is going to work. One good thing: There should be plenty of masks.) But let me not deter my own intentions. So here we are: We’ve crawled through 7+ months of unanticipated and unpredictable Covid DMZs and […]

Read the rest of this post »

National home pricing and supply

Friday, January 24th, 2020

S. Clay Sparkman A recent article (“Supply of homes for sale hits record low, and prices suddenly jump,” penned by Diane Olick at the CNBC site, posted 1/22/20) discusses the current numbers and issues related to home supply, demand, and pricing. It seems that in general, high demand for housing coupled with a precariously low […]

Read the rest of this post »

Rehab and construction loan FAQ (revised)

Friday, January 18th, 2019

Clay Sparkman Here is an updated version of Fairfield’s Rehab and Construction Loan FAQ. One of the most promising areas, at the moment, for real estate investors and brokers, by all indications, is REO, rehab, and quick flip of properties. The opportunity to buy distressed properties at a low price point is evident in many markets. […]

Read the rest of this post »

Sample loan

Tuesday, October 23rd, 2018

Clay Sparkman Here is an example of a loan that we recently placed. We like to give samples from time to time.  Not only does this give borrowers and brokers a better idea of the kinds of things that we do, but it also gives them a nice working format for presenting new loans. Kristopher […]

Read the rest of this post »

Greatest Promo Offer by Fairfield – Private Money Loans

Wednesday, December 6th, 2017

Clay Sparkman We at Fairfield would like to run a special loan program to give this holiday season (and the sluggish period typically coming out of it) a kick in the butt. Hey, we can celebrate with our families and friends, and still get a few things setup and ready to go in 2018, right? […]

Read the rest of this post »

Three potentially useful indicators of the likely movement of value

Wednesday, May 11th, 2016

Clay Sparkman Any good real estate investor should be attempting  to assess whether property values are rising, falling,  or holding in the area of his/her latest potential investment. After all, the core question when buying investment property (particularly short-term) is, “what is value likely to do in the next year or so?” If you sense […]

Read the rest of this post »

Home flipping

Thursday, May 5th, 2016

Clay Sparkman As you know, our sweet spot is for loans to real estate investors. In particular, we do a lot of fix and flip, fix and hold, REO, short sale , and new construction. I feel that this recent Washington Post article, by Justin Pierce, “The four things you need to know to flip […]

Read the rest of this post »

Special quick flip loan program

Tuesday, January 26th, 2016

Clay Sparkman It seems that quick flips are becoming quite common again, with the regular small time investor. This is a favorite niche of ours. We particularly like to make these loans happen. As you probably know, we work with a lot of people who are doing quick flip properties/projects. That means: buying low, generally […]

Read the rest of this post »

Rental property financing in 2015 and beyond

Monday, November 16th, 2015

Clay Sparkman In this year of 2015, it seems that finding funds for rental property purchase and holding can be a bit challenging–perhaps more so than in past years. This recent article by Corey Dutton discusses the issue, and suggests that hard money may be a good route to go in certain cases. I happen […]

Read the rest of this post »